In this monthly OpEx week we should see SPX going higher, likely to 4150 - 4200 .............................
Just a consolidation today to digest the Friday's big gains ...........................
Edited by redfoliage2, 16 May 2022 - 09:28 AM.
Posted 16 May 2022 - 09:27 AM
In this monthly OpEx week we should see SPX going higher, likely to 4150 - 4200 .............................
Just a consolidation today to digest the Friday's big gains ...........................
Edited by redfoliage2, 16 May 2022 - 09:28 AM.
Posted 16 May 2022 - 09:48 AM
Out again for another 6 point profit and back in starting a long build again at 3995
Posted 16 May 2022 - 10:19 AM
BEARS tried to break below ES 3980-90 support zone 3 times but failed
If they do try a 4th time then most likely they will succeed and a retest of last week's LOW is a high probability
Still holding 3 HEDGE SHORTS -- ES & NQ
Still think this is hammering out a LOW that can be sustained for days.... rally to at least ES 4300
closed .... order still not filled , .... 29.5 points
NQ + 119.5 points
Will reopen later ...
Added 4th hedge shorts
ES 4013.5
NQ 1235O
WILL ADD another ABOVE ES 4050
WANT to lower risks on this rally, gradually close LONGS except TLT CALLS
Posted 16 May 2022 - 10:21 AM
Higher, if BULLS manage to hold ES 3980-90 today
ES could reach 4300 this week
if support above fails then below 3850, new 2022 LOWs
In this monthly OpEx week we should see SPX going higher, likely to 4150 - 4200 .............................
Posted 16 May 2022 - 10:37 AM
BTC attacking the overnight lows...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 16 May 2022 - 10:39 AM
As long as Trannies fail to gain foothold above 14.4, still in very dangerous waters there...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 16 May 2022 - 11:03 AM
4th HEDGE SHORT
ES 4019
NQ 12330
Looks like the BULLS finally escaped the clutches of the BEARS in that ES 3980-90 zone; green hourly ES candle looks quite bullish
BUT, this market is too volatile, still many sellers.... so do not rule out another attempt to break below 3980
BEARS tried to break below ES 3980-90 support zone 3 times but failed
If they do try a 4th time then most likely they will succeed and a retest of last week's LOW is a high probability
Still holding 3 HEDGE SHORTS -- ES & NQ
Still think this is hammering out a LOW that can be sustained for days.... rally to at least ES 4300
closed .... order still not filled , .... 29.5 points
NQ + 119.5 points
Will reopen later ...
Added 4th hedge shorts
ES 4013.5
NQ 1235O
WILL ADD another ABOVE ES 4050
WANT to lower risks on this rally, gradually close LONGS except TLT CALLS
Posted 16 May 2022 - 11:05 AM
LUNA debacle exposes, again, the crypto scam
BTC should finally drop to near zero, but maybe by end of 2022
BTC attacking the overnight lows...
Posted 16 May 2022 - 11:13 AM
Still in consolidation as shown on the SPX hourly, that may have to test the low one more time ..................
Posted 16 May 2022 - 11:22 AM
out for a 15 point profit again as i put on my profit stop, starting my rebuild at 4005....